Why is Mersin becoming popular for buying real estate in Turkey?

Mersin is a city of opportunity

Let's take a look at Mersin, one of the largest cities in Turkey with almost 2 million people. In terms of population, this city is one and a half times larger than the famous Antalya and much larger than Alanya. Mersin is not only a marvelous place with a diverse historical heritage, but also one of the country's key ports.

Location advantages

Like Antalya and Alanya, it is located on the Mediterranean coast, pleasing its residents and guests with magnificent beaches and picturesque promenades. In the center of the city there is a port, near the yacht pier. Although bathing in this place is not very convenient, many restaurants, stores and other leisure facilities are concentrated here.

The long promenade touching the coast is one of the best walking locations in Turkey. The Toros Mountains rise in the north of the city, which is typical of most coastal communities.

Beaches and resorts

Beaches designed for comfortable recreation are located at a certain distance from the central part of the city. This situation should be taken into account by those who are planning to invest in real estate in this beautiful region.

• Solesis considered one of the best places to swim right within the city limits.
• In the neighborhood you can find places likeCheshmele,ErdekliandSilifke.

Transport accessibility

Although Mersin does not have its own airport, this situation may turn out to be an advantage in the future. The nearest international airport is 70 kilometers away from the city, in Adana. The airport is expected to open at the end of 2022Chukurovain the Tarsus area, just 40 km from Mersin.

An international terminal is planned to be launched in 2023, which will make this airport the second largest in the country after Istanbul and an important transportation hub in Turkey. However, the airport in Adana will be closed.

Ways to get there

Mersin is mainly accessible via Istanbul - there are flights to Adana from this city. An alternative option is to fly from Antalya to Adana and then drive to Mersin. Travel time will be similar to that needed to travel to Alanya via Antalya.

Buying real estate

As for buying real estate in this city, it should be noted that a few years ago Mersin was virtually invisible in the market outside Turkey. However, recently the interest in this region among foreign buyers has increased significantly.

Real estate transaction statistics for the period January through August 2021 show that:

• In first place by number of sales isIstanbul(14,788 deals).
• Then it follows.Antalya(5,897).
• Ankararanks third (1,988).
• Mersinranks fourth with 1,410 deals.

Real estate prices

At the beginning of 2022, the average price per square meter in Mersin was significantly lower than in Antalya: about 300 dollars against 500. At the same time, the annual price growth is almost the same - 76% in Mersin and 78% in Antalya (data presented in Turkish liras).

Thus, Mersin represents a lucrative option for real estate investment in Turkey, opening up new opportunities for potential buyers.

Real estate in Mersin

Real estate in Mersin continues to be more affordable compared to Antalya, which is generating a lot of interest among potential investors and buyers. However, the active growth of residential real estate prices in this region forces people to make more prompt decisions. Currently, this is not difficult as many real estate agencies are actively opening their offices directly in Mersin.

Xenia Balji, who holds the position of CEO of Liga Real Estate, mentioned that their Mersin office started its operations in February 2021. The choice of this city was based on a carefully considered strategy, as she was looking for a location with a low competitive environment. At that time, Mersin had not yet managed to become a well-known tourist center, but interest in housing had already started to gradually emerge.

Increase in housing prices

The increase in apartment prices in cities such as Alanya and Antalya has made the real estate market in these locations inaccessible to buyers with limited finances. This has led to local markets becoming overcrowded and many plots of land for new construction were located far away from the coast.

Plots of land in these regions are quite expensive, which makes the price of new properties located close to the sea much higher than the cost of similar housing in Alanya. Therefore, the choice in favor of Mersin is justified, as this city provides excellent opportunities for customers looking for affordable housing options.

Study of the region

Sergey Volchenkov, who is the development director of Tolerance, also noticed the high interest in Mersin more than a year ago. His team decided to conduct a detailed study of the region to assess the prospects of this city. They had been to Mersin many times before, but the task of finding out how comfortable and attractive the city could become for Russian-speaking citizens became a priority.

They had only positive impressions after the trip and opened an office in November 2020, starting sales even earlier as clients were already willing to make transactions even remotely.

Career impact

Elsa Galeyev, the manager of Deep Gayrimenkul, who has been living in Antalya since 2011, visited Mersin for the first time in 2016 and it was an experience that changed her life. She was amazed by how beautiful the city is, especially its waterfront, which is different from its counterparts in Antalya and Alanya.

Elsa could not understand why this wonderful city remained less famous than other resorts. Mersin is advantageously located: its coastline is not as steep as in Antalya and offers a variety of beaches - sandy, rocky and pebble. This allows each guest to choose the most suitable place for a vacation.

Customer base and prospects

Since her first visit, Elsa decided to stay in this city and develop her career in domestic real estate. At first, her clients were mostly locals and foreigners who spoke Arabic and English.

• Russian-speaking tourists have been visiting Mersin for a long time, but many of them were not aware of its facilities.
• Gradually, Elsa noticed that the number of clients from Russia had increased significantly.
• Now Russian-speaking clients make up a significant part of its client base.

Mersin opens up new horizons for living and investingattracting both local and foreign buyers, which makes it an attractive and promising area in the real estate market.

Investment interest in Mersin

Nowadays, developers are increasingly turning their eyes to Russia, which in turn contributes to the increasing number of people wishing to acquire housing in this region. Attractive prices and amazing natural beauty of Mersin have become the main factors contributing to such migration processes. I have come to the conclusion that this city has significant potential for growth.

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Historical context of Mersin

From a historical point of view, Mersin developed as a port city, which allows you to enjoy the magnificent seascapes in its center, although the area is not quite suitable for swimming. Foreign buyers prefer to purchase residential complexes located on the first line by the sea, as well as near the beaches, which makes less central areas more attractive to them.

Structure of urban areas

The city is divided into four key neighborhoods:

• Akdeniz
• Mezitli
• Toroslar
• Yenisehir

As you can see by the names, Toroslar is closer to the mountains, while the other three neighborhoods have access to the sea. Mezitli is considered to be the most developed and popular neighborhood, especially its Teje neighborhood, which combines all the best qualities of Mersin: clean beaches and excellent urban infrastructure are in close proximity.

The area is known for its cozy atmosphere and actively growing popularity, making it a great place for family life due to its many private educational institutions and major medical facilities. It is also home to office complexes and other amenities for residents.

The popularity of suburbs

There are two other neighborhoods close to Mezitli: Akdeniz and Yenisehir, which are also of interest to buyers due to their proximity to the center, although they are also not suitable for swimming. Russian-speaking buyers are experiencing increased interest in Mersin's satellites such as Erdemli, where the neighborhoods of Çeşmelı, Temük and Arpaçbahşış have gained considerable popularity.

Industrial center and housing

As a significant industrial center, Mersin is just beginning to attract the attention of foreign investors. The main part of the housing stock consists of apartments oriented towards local residents, which implies the availability of spacious housing options with separate kitchens. It is important to note that new residential complexes are being built with foreigners in mind, which also makes the market attractive due to the stable price ranges.

Availability of housing

Sergey Volchenkov, development director at Tolerance, says that Mersin remains one of the few places where you can buy affordable housing near the sea. The opportunities that used to be available in Alanya or Antalya are now realized here at much more favorable rates. For example,to find an apartment for €35-40 thousand.in these popular tourist destinations has become almost impossible. While accommodation in Mersin offers prices that in the2-2.5 times lowerthan in Antalya, which refers to real estate objects of interest to Russian-speaking buyers, as the sea and beaches are in walking distance.

Opportunities for buyers

Buyers who have a budget of about €100 thousand in Antalya or Alanya face problems when looking for apartments with 2+1 layout, while in Mersin for the same amount of money it is quite realistic to find spacious apartments with 3+1 or even 4+1 layout. At the same time, the developed infrastructure of this region only contributes to additional advantages when buying housing.

Introduction to Mersin residential real estate

Residential real estate in Mersin represents a unique opportunity not only for short-term vacations, but also for permanent residence. This city, located on the eastern coast of the Mediterranean Sea, is actively developing and becoming attractive to both individual users and those who want to invest in buying real estate. You can learn more about apartments in this region by referring to various sources of information, including the opinion of such experts asKsenia BalzhiDirector of the companyLiga Real Estate.

Housing affordability in Mersin

Today, housing is available in Mersin at democratic prices. Modern residential complexes with developed infrastructure solutions provide a comfortable standard of living. These new buildings, unlike popular tourist destinations such as Antalya and Alanya, are located in close proximity to the sea, without any barriers. The local highway D400 connecting the cities is at a distance, which makes living in these complexes particularly attractive.

Real estate options on the market

There are many opportunities in the combined market of unrealized real estate. For example, it is possible to buy an apartment in Mersin for as little as44,000 eurosoffering39 square meterswith the option of obtaining a residence permit upon purchase, which further simplifies remote transactions and acceptance of payments in rubles. Apartments are also available in the hotel project, which is located in a currently popular neighborhoodErdemli. This city is rapidly developing its infrastructure and seems to be one of the best options to invest in housing.

The Future of Mersin

It is pertinent to note that a new airport is to be erected here in the near future, with the allocation of more than200,000 square metersfor development, which could significantly increase the saturation of the real estate market in this region.

Investment opportunities in the residential real estate market in Mersin

Mersin, located on the coast of Turkey, offers many prospects for those who wish to invest in residential real estate. The variety of offers will allow each potential buyer to find a suitable option for a comfortable stay in this attractive region.

Proposals from Mayalanya Group

For example, at Mayalanya Group company you can see an apartment costing just70,000 €which covers an area of43 square meters. With its purchase also comes the right to obtain a residence permit. This apartment is located in a new residential complex, which is located only a700 meters from the seawhich creates ideal conditions for lovers of country vacations and beach lifestyle.

In another interesting offer from Mayalanya Group there are apartments for115,000 €with a total area90 square meters. This project provides flexible installment terms, and the location of the apartment allows easy access to the sea, which is located in .3 kilometers. In addition, the apartment has two balconies, which offer beautiful views of the neighboring green spaces and the swimming pool.

• Apartments in 2+1 format with sizes from90 to 110 m²
• Accommodation in modern seven-story buildings
• Fully fitted kitchens and fitted closets

Offers from Eron Group

Eron Group will offer you an apartment for46,200 €with an area77 m²with layout2+1. It is particularly important that the developer provides the opportunity to conduct an online viewing, as well as to execute the transaction remotely. At the same time, buyers have access to different payment methods, including rubles and cryptocurrency, which is of interest to international clients.

This property would also make a great rental property. Deal bonus includes:

• Climate systems
• Household appliances
• The furniture is a sofa and a bed

It's just400 metersseparate the new apartment from the sea, which makes it even more attractive. The initial installment is40%of the cost, which equals18,480 €.

There's also an option from the Eron Group for62,000 €with an area of63 square meters. This apartment also has a residence permit option and is located in the Tomiuk neighborhood. The layout includes one self-contained room, designed for areas from54 to 77 m². The complex offers a wide range of facilities including:

• Both outdoor and indoor parking lots
• Electric charging stations
• Restaurants and stores

A variety of recreational areas are available to residents such as:

• Billiard rooms
• Gaming and movie theaters
• Water park and playground for families with children

Offers from Regnum Group Real Estate

Those looking for more compact options should pay attention to the offers from Regnum Group Real Estate. They offer studios priced from42,000 €which only take up39 m². When buying these studios there is also the possibility of obtaining a residence permit, which is a plus for foreign investors. These apartments are located in a modern complex with a high level of comfort, including:

• Parking spaces
• Sports grounds

For those wishing to purchase a more spacious dwelling Regnum Group offers an apartment for88,000 €with an area100 square metersand layout2+1. This facility is located on11th floorand everything in400 meters from the beachThe spacious living room combined with the kitchen creates a unique living space, along with two bright bedrooms and two bathrooms. The spacious living room combined with the kitchen creates a unique living space, along with two bright bedrooms and two bathrooms.

Conclusion

Thus, in Mersin, Turkey, the many unique offers in the real estate market provide the opportunity to choose for different needs and budgets. Attractive residence permit options, flexible payment terms and a variety of prices allow this city to attract new residents and residential real estate investors.

Real estate in Mersin: attractive offers

Real estate in Mersin, located in Turkey, offers a wide range of apartments and apartments with very attractive prices. For example, the company Liga Real Estate offers a cozy dwelling with an area of 77 square meters at a price of 46,200 euros. The apartment includes two bedrooms, a bathroom and a common area with a kitchen where you can spend time with family or friends. There are benefits to the purchase, such as the possibility of obtaining a residence permit.

The purchasing process has become much easier thanks to the online checkout option, which significantly reduces the time required. Acceptable payment methods include both rubles and cryptocurrency, allowing customers to choose the most convenient method for them.

Advantages of the Calista complex

The Calista complex, where these apartments are located, is just 400 meters from the sea, which is an undeniable advantage. Buyers can also expect a variety of attractive bonuses from the developer:

• Two air conditioners
• Household appliances
• Refrigerator and washing machine
• Sofa and bed for those who decide to make a purchase in installments.

This is a great project that is suitable for both personal living and investment.

Apartments from Eron Group

Eron Group is ready to offer apartments of various classes. For example, an 82 square meter apartment in a residence with full infrastructure can be purchased for 87,000 euros, located in Teje, just 600 meters from the beach. These apartments are designed with all the wishes of modern buyers in mind and include:

• A spacious living room
• The kitchen
• Bedroom
• Bathroom
• The hallway
• Balcony

Eron Group also offers other options to choose from: apartments in the Tekce area ranging from 39 to 140 square meters. Prices for these apartments vary from 42,000 to 470,000 euros. Offers that include the possibility of obtaining a residence permit and remote transactions are particularly popular, as they help avoid unnecessary hassle and save time.

New residential complex in Tomyuk

Another interesting project from this developer is a new residential complex consisting of two eight-story blocks, totaling 477 apartments. It is located in the resort area of Tomyuk, just 520 meters from the sea. The variety of layouts, ranging from studios to duplexes, caters to the diverse needs and budgets of potential residents. Construction is set to begin in November 2024, making this project appealing to future owners.

Proposals from Mayalanya Group

Additionally, an interesting offer from Mayalanya Group includes a 77 m² apartment in Mersin for €55,700. Future owners will be able to take advantage of the online viewing feature and complete the purchase remotely, paying in both rubles and cryptocurrency. This is a great opportunity for both living and future rental.

The Calista complex offers a variety of modern amenities, including:

• Smart systems
• Two elevators
• Backup generator

This maximally enhances the comfort of living.

Conclusion

Thus, real estate in Mersin is an attractive investment opportunity for those interested in purchasing housing near the sea. The diverse offerings feature excellent locations, modern layouts, and the option to choose apartments with varying levels of amenities, creating great prospects for comfortable living and successful investment.

Conclusion

The conclusion I want to draw, summarizing everything mentioned about Mersin, can be expressed in a few key points. This city, as I have already mentioned, is not only a major port and administrative center but also a place where new opportunities for real estate investment intersect. Mersin has its own unique charm that sets it apart from more well-known tourist destinations like Antalya and Alanya.

So, instead of noisy beaches and crowded streets, I encountered an atmosphere of tranquility and coziness, which is a rarity in our time. The city is attracting an increasing number of investors due to more affordable housing prices and active infrastructure development. When I look at the dynamics of real estate price growth in this region, I realize that sooner or later, Mersin will reach new heights of popularity among foreign buyers.

Prospects for the development of Mersin

The opening of a new international airport in 2023, which will significantly improve the city's transport accessibility, will only accelerate this process. I can confidently say that Mersin is a city with great potential, combining a rich history with modern living and leisure conditions.

• Relaxation on magnificent beaches
• Strolls along the picturesque waterfront
• The opportunity to invest in affordable real estate

I am convinced that by giving Mersin a chance, you are not just making a purchase, but opening the doors to a new world of opportunities filled with life and attractive prospects. In the coming years, this city will take its rightful place on the map of Turkey as a new tourist and investment center.

Therefore, if you are considering options for purchasing real estate, don't miss the opportunity to pay attention to Mersin — a city that will undoubtedly become one of the most attractive places to live and relax.